Understand Your Options.
Individual Health Insurance
Let us be your trusted guide to finding the health insurance coverage that’s right for you and your family.
Traditional individual health insurance policies are governed by the Affordable Care Act (“Obamacare”). We can guide you through this process.
5 Basic Things You Need to Know About Obamacare
We find that a lot of people are unsure or confused about how the current health insurance system works. We’ll be happy to walk you through it, but there are 5 basic things you need to know before you look at plans:
1. Essential Health Benefits. All plans must cover a standard set of “essential health benefits.” So the coverage will be thorough.
2. No Underwriting. You can get coverage without any regard to medical history or pre-existing conditions.
3. Subsidies. Many people qualify for reduced costs via subsidies that are based on your household size and income. In fact, these subsidies were dramatically expanded in 2021, so you’ll definitely want to check. (Without subsidies, the prices can be very expensive.)
4. Open Enrollment. The only time you can enroll in a plan is during the Open Enrollment Period, which is November 1 – December 15 each year.
5. Special Enrollment Periods. Certain circumstances and life events can qualify you for a “Special Enrollment Period” at other times of year, allowing you to enroll in a plan for the remainder of the year.
How to Get Prices for Obamacare Plans
We’ve partnered with a third-party platform to dramatically streamline the Obamacare process. You can get an estimate of your subsidy eligibility and find plans and prices for the plans available in your area. Check it out:
Pro tip: Boost your coverage with the Plan Enhancer
Options Outside the Marketplace
If you don’t qualify for subsidies, you may want to consider options outside the Obamacare Marketplace (because, let’s be honest, those plans are expensive).
In some areas you can buy Obamacare-compliant plans from carriers who don’t participate in the Marketplace itself. (Contact us to learn more about those options.)
If you’ve missed Open Enrollment or you just want to consider more affordable alternatives… scroll on.
Short-Term Health Insurance
Short-term health insurance plans are a great alternative to Obamacare plans. We’ve helped many individuals and families save a lot of money by enrolling in a short-term health insurance plan.
They don’t work for everyone because pre-existing conditions are not covered. If that’s not a concern for you, we encourage you to learn more about short-term health plans.Learn more about short-term health insurance!
Health Sharing Ministries
Health-sharing ministries are an increasingly popular alternative to health insurance. These faith-based plans are definitely not for everyone… but a lot of people choose to go this direction instead of traditional health insurance.
We need to make sure it’s clear that health-sharing ministries are NOT health insurance plans. Members of a health-sharing organization agree to voluntarily share in the cost of healthcare for one another. There are rules and guidelines that govern this sharing, and you’ll be expected to contribute a set amount each month to participate.Learn more about health sharing!
The Plan Enhancer: Individual Gap Insurance
Take your coverage to the next level with the Plan Enhancer, a supplemental insurance plan offered by National General Insurance. We personally carry it for our family.
Whatever you decide to do regarding individual health insurance, you’re almost certainly going to have a high deductible and out-of-pocket max. The Plan Enhancer will help you meet that deductible if something unexpected happens. And it’s surprisingly affordable.
Here’s how it works:
It starts with a benefit that pays for medical care related to an accidental injury. If you’re active, or have active kids, this is probably your biggest risk factor anyway. Trust us, you’ll be surprised how little this costs!
You can stop there, or you can add one or both of the following benefits to your plan:
Critical Illness Insurance
This pays a lump sum for things like cancer, heart attack, and stroke.
This pays for expenses when you’re hospitalized with an illness.
Most people choose a $5,000 benefit level (that’s what we have), but there are other options available.Get prices and enroll in the Plan Enhancer!
Got Questions? Let’s Talk!
If you’re confused by the options, or have specific questions about your particular needs and situation, we’ll be happy to talk. Get in touch below: